Starbucks Baristas: The daily grind
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What to do with Bean Stock (self.starbucksbaristas)
submitted by p3ach_neko
Newly ex-barista here. I just finished my run with the Siren a week ago and my SM gave me absolutely zero communication after I put in my 2 weeks. I have a decent amount of Bean stock and I want to make sure I don't lose it, how do I do that? Any help is greatly appreciated!
StormTheParade 7 points 7m ago
Any stock that is listed as Restricted Stock Units (RSUs) should have disappeared already; these are shares that Starbucks gives employees, but they must vest before the employee will truly own them. I believe Starbucks shares vest after 1 year, and you don't get the first RSUs until *after* you've been with the company for 1 year.
Once your shares vest, you have three options. You can sell your shares and take the money, you can keep your shares and hold out for a higher stock price (so more money if you sell at that point), or I believe you can trade the shares for other stock?
It's all handled through Fidelity, and you should already have an account if you've been accepting RSUs. From there, there should either be a visible "sell" option somewhere on your account, or you can call Fidelity customer support.
Fidelity's phone team is (was?) awesome, the guy I called was super nice and super patient with me. He walked me through how to sell my shares and answered every question that came up. Definitely recommend giving them a call if you need someone to help you sort out your shares!
Once your shares vest, you have three options. You can sell your shares and take the money, you can keep your shares and hold out for a higher stock price (so more money if you sell at that point), or I believe you can trade the shares for other stock?
It's all handled through Fidelity, and you should already have an account if you've been accepting RSUs. From there, there should either be a visible "sell" option somewhere on your account, or you can call Fidelity customer support.
Fidelity's phone team is (was?) awesome, the guy I called was super nice and super patient with me. He walked me through how to sell my shares and answered every question that came up. Definitely recommend giving them a call if you need someone to help you sort out your shares!
p3ach_neko [OP] 4 points 7m ago
Great! I've been there for almost 3 years so if I can let the vested ones just sit that would be nice 😅
caitlinskyy 1 points 7m ago
mine just randomly were deposited into my account one day and they sent the paystub in the mail for it lol
caitlinskyy 1 points 7m ago
i think it only took like 4-6 weeks after my last week as well
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